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Music industry is once again worried about "ripping"

Written by Matti Vähäkainu (Google+) @ 14 Sep 2016 17:18 User comments (7)

Music industry is once again worried about "ripping" Music industry, like many others, are slow to adapt and because of that slow adaption they've had to come up with all kinds of reasons to why sales of antiquated media is slowing down. Now they've come up with a new, and in a way old, problem.
Obviously technologies like streaming have allowed music business to flourish in a completely unprecedented way but this is not the way the industry giants, record companies, and industry lobbyists want it to be. As music is closer to the consumer often the middle man can be left with not much to brag about.

The new problem according to the industry is with streaming services, or services that abuse streaming services. With CDs the problem was ripping, and now with streams like YouTube the problem is again ripping.

According to WSJ the recording industry is blaming third party software that allows consumers to download (rip) the audio out of YouTube streams and store it locally. This problem has "serious impact" on subscription numbers, says the International Federation of the Phonographic Industry (IFPI) report. This, even though the global sales of music increased significantly first time in decades. The 3.2% growth comes overwhelmingly from streaming which increased 45%.

IFPI says that according to a survey stream ripping has increased and in some demographics (16-24) almost half have downloaded music from streaming services using these means. YouTube commented that historically only 20 percent of people are willing to pay for music, which explains the popularity of services like YouTube and Spotify with their advertisement models.

The global revenue of the recording industry has declined from the over $25 billion in the early 2000s to today's $15 billion but the trend seems to be over thanks to increasing sales in streaming.

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7 user comments

114.9.2016 22:17

There's not difference between someone streaming a song on youtube or ripping it. Either way, they're not paying for it.

215.9.2016 0:32

Originally posted by fb2075:
There's not difference between someone streaming a song on youtube or ripping it. Either way, they're not paying for it.
Many youtube videos are on record company accounts and thus get them ad revenue. Others are on individual accounts, but the automatic systems youtube has in place mean that the owners can claim the ad revenue for those videos automatically (this can be a bad thing as it can also get the ad revenue from a video where you can overhear 5 seconds of a song in the background at a video of a pick nick or something..but it means no one can complain about piracy on youtube when the owners can get all the profits without any work). I honestly don't know why someone would bother ripping a song from youtube...the audio quality is garbage and you can generally get flac or 320K mp3's with torrents, while putting in less effort. They might as well start complaining about the fact that you can record FM radio.

315.9.2016 5:57

Sales have increased but they are complaining of ripping music off YouTube. The music industry just does not know how to keep there mouths shut and not piss people off. People will do it because they can't afford to buy hundreds of tracks per month. They aren't losing revenue from it. That's just their excuse.

415.9.2016 19:02

Bitch bitch bitch bitch bitch bitch bitch bitch bitch bitch bitch bitch bitch bitch bitch bitch bitch bitch bitch bitch bitch bitch bitch bitch bitch bitch bitch bitch.......It seems that's all the entertainment industry is good for nowadays, smh.

516.9.2016 18:36

Originally posted by KillerBug:
They might as well start complaining about the fact that you can record FM radio.
Actually, back when small, relatively portable audio cassette recorders first became popular (as opposed to 8-track), the music industry just about had a coronary, with almost identical arguments.

Another, similar fit is the one pitched by the movie industry over VHS/Betamax.

Funny how that works, isn't it?
This message has been edited since its posting. Latest edit was made on 16 Sep 2016 @ 18:37

618.9.2016 10:54

If it can be seen or heard, it can be recorded.


Calvin: Sometimes, when Im talking, my words cant keep up with my thoughts. I wonder why we think faster than we can speak.
Hobbes: Probably so we can think twice.

718.9.2016 20:08

I just blew a fart.......That's the only rip Hollywood should be concerned about.

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